Common use of Price Stabilization Clause in Contracts

Price Stabilization. The Underwriter will not take, directly or indirectly, any action that is designed to or that has constituted stabilization or manipulation of the price of the Shares, including over-allotment sales, syndicate covering transactions, and penalty bids.

Appears in 2 contracts

Sources: Underwriting Agreement (SAG Holdings LTD), Underwriting Agreement (SAG Holdings LTD)

Price Stabilization. The Underwriter Underwriters will not take, directly or indirectly, any action that is designed to or that has constituted stabilization or manipulation of the price of the Shares, including over-allotment sales, syndicate covering transactions, and penalty bids.

Appears in 1 contract

Sources: Underwriting Agreement (SAG Holdings LTD)